Last C$7.70 CAD
Change Today -0.02 / -0.26%
Volume 276.1K
AQN On Other Exchanges
Symbol
Exchange
Toronto
OTC US
Frankfurt
As of 4:00 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

algonquin power & utilities (AQN) Snapshot

Open
C$7.70
Previous Close
C$7.72
Day High
C$7.73
Day Low
C$7.66
52 Week High
05/10/13 - C$8.34
52 Week Low
10/11/13 - C$5.96
Market Cap
1.6B
Average Volume 10 Days
549.5K
EPS TTM
C$0.27
Shares Outstanding
206.9M
EX-Date
03/27/14
P/E TM
28.5x
Dividend
C$0.34
Dividend Yield
4.42%
Current Stock Chart for ALGONQUIN POWER & UTILITIES (AQN)

Related News

No related news articles were found.

algonquin power & utilities (AQN) Related Businessweek News

No Related Businessweek News Found

algonquin power & utilities (AQN) Details

Algonquin Power & Utilities Corp., through its subsidiaries, owns and operates portfolio of regulated and non-regulated generation, distribution, and transmission utility assets in North America. The company generates and sells electrical energy through a portfolio of non-regulated renewable and clean energy power generation facilities. It owns interests in hydroelectric facilities with a combined generating capacity of approximately 125 megawatts (MW); wind powered generating facilities with a combined generating capacity of 650 MW; and thermal energy facilities with installed generating capacity of approximately 350 MW. The company also owns and operates electricity, natural gas, water distribution, and wastewater collection utility systems. It serves approximately 97,400 regulated water distribution and wastewater collection connections, 91,600 electric connections, and 291,800 natural gas connections in Arizona, Arkansas, California, Georgia, Illinois, Iowa, Massachusetts, Missouri, New Hampshire, and Texas. The company was founded in 1996 and is headquartered in Oakville, Canada.

Founded in 1996

algonquin power & utilities (AQN) Top Compensated Officers

Chief Executive Officer, President and Non-In...
Total Annual Compensation: C$419.4K
Chief Financial Officer and Chief Financial O...
Total Annual Compensation: C$267.5K
President of Liberty Energy Utilities Co
Total Annual Compensation: C$245.9K
President of Algonquin Power Co
Total Annual Compensation: C$245.8K
Compensation as of Fiscal Year 2012.

algonquin power & utilities (AQN) Key Developments

Algonquin Power & Utilities Corp. Declares First Quarter Dividend on Common Shares and Series A Preferred Shares Payable on April 15, 2014 and March 31, 2014, Respectively

The Board of Directors of Algonquin Power & Utilities Corp. has declared a first quarter dividend of $0.085 on its common shares, payable on April 15, 2014 to the shareholders of record on March 31, 2014 for the period from January 1, 2014 to March 31, 2014. Additionally, the Board has declared a dividend of $0.28125 per Preferred Share, Series A, payable in cash on March 31, 2014 to Preferred Share, Series A holders of record on March 13, 2014, for the period from December 31, 2013 to, but excluding, March 31, 2014.

Algonquin Power & Utilities Corp. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013

Algonquin Power & Utilities Corp. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the fourth quarter of 2013, revenue was CAD 205.3 million compared to CAD 138.9 million in the fourth quarter of 2012. The increase in revenue over the same period in 2012 is primarily the result of regulated utility acquisitions including the Peach State and New England Gas Systems, increased customer demand at Energy North Gas System and Granite State Electric System, the acquisitions of the U.S. Wind Facilities, and the impact of the weaker U.S. dollar. The company reported net earnings from continuing operations of CAD 19.8 million or CAD 0.09 per share compared to net earnings from continuing operations of CAD 6.8 million or CAD 0.04 per share in the fourth quarter of 2012. Net earnings attributable to Shareholders from continued operations totaled CAD 19.8 million as compared to CAD 6.8 million during the same period in 2012, an increase of CAD 13.0 million. The increase was due to CAD 28.3. Net earnings (including discontinued operations) attributable to Shareholders totaled CAD 13.1 million as compared to net earnings attributable to Shareholders of CAD 6.4 million during the same period in 2012, an increase of CAD 6.7 million. Cash provided by operating activities totaled CAD 31.3 million or CAD 0.15 per share as compared to CAD 17.1 million, or CAD 0.10 per share during the same period in 2012. Adjusted funds from operations totaled CAD 45.9 million or CAD 0.22 per share as compared to CAD 24.6 million, or CAD 0.14 per share during the same period in 2012. The change in adjusted funds from is primarily due to increased earnings from operations, as compared to the same period in 2012. The company reported adjusted net earnings of CAD 18.5 million or CAD 0.08 per share compared to adjusted net earnings of CAD 6.5 million or CAD 0.03 per share in the fourth quarter of 2012. Adjusted EBITDA was CAD 67.6 million compared to CAD 24.0 million in the fourth quarter of 2012. The increase in Adjusted EBITDA1 is primarily due to acquisitions completed in 2012 and 2013, the impact of rate case settlements, increased hydrology and increased customer demand at the electric distribution utility in California. During the three months ended December 31, 2013, APCo incurred capital expenditures of CAD 19.3 million, as compared to CAD 5.5 million during the comparable period in 2012. For the full year of 2013, the company reported net earnings from continuing operations of CAD 62.3 million or CAD 0.28 per share compared to CAD 13.5 million or CAD 0.08 per share in 2012. The company reported adjusted net earnings of CAD 60.9 million or CAD 0.27 per share compared to CAD 18.9 million or CAD 0.11 per share in 2012. The company generated Adjusted EBITDA of CAD 226.9 million in 2013 compared to CAD 88.1 million in 2012. The company generated revenue of CAD 675.3 million compared to CAD 348.8 million in 2012. The company reported total revenue of CAD 675.3 million as compared to CAD 348.8 million during the same period in 2012, an increase of 326.5 million or 93.6%. Net earnings from continuing operations attributable to Shareholders totaled CAD 62.3 million as compared to CAD 13.5 million during the same period in 2012, an increase of CAD 48.8 million. Net earnings (including discontinued operations) attributable to Shareholders totaled CAD 20.3 million as compared to CAD 14.5 million during the same period in 2012, an increase of CAD 5.8 million. Cash provided by operating activities totaled CAD 98.9 million or CAD 0.48 per share as compared to CAD 63.0 million, or CAD 0.40 per share during the same period in 2012. Adjusted funds from operations, a non-GAAP measure, totaled CAD 153.5 million or CAD 0.72 per share as compared to CAD 66.8 million, or CAD 0.42 per share during the same period in 2012 an increase of 86.7 million. Additions to property, plant and equipment was CAD 158.377 million against CAD 75.692 million for the same period a year ago.

Algonquin Power & Utilities Corp. Announces Fixed Cumulative Dividends, Payable on June 30, 2014

Algonquin Power & Utilities Corp. announced that the holders of the shares will be entitled to receive fixed cumulative dividends at an annual rate of CAD 1.25 per share, payable quarterly, as and when declared by the board of directors of the company. The first of such dividends, if declared, shall be payable on June 30, 2014 and shall be 40.07 cents per series D share, based on the anticipated closing of the offering on March 5, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
AQN:CN C$7.70 CAD -0.02

AQN Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for AQN.
View Industry Companies
 

Industry Analysis

AQN

Industry Average

Valuation AQN Industry Range
Price/Earnings 33.1x
Price/Sales 2.3x
Price/Book 1.8x
Price/Cash Flow 14.5x
TEV/Sales NM Not Meaningful
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ALGONQUIN POWER & UTILITIES, please visit www.algonquinpower.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.